Mia makes cupcakes and sells them to raise money for charity. She spends ┬г6.82 on ingredients. Mia sells all the cupcakes and takes ┬г37.51 during the sale. What percentage profit does mia make on the cupcakes

Respuesta :

Answer:

466.61%

Step-by-step explanation:

Given: Mia spends on ingredients= 6.62

┬а ┬а ┬а ┬а ┬а ┬аSelling price of cupcakes= 37.51.

Now, finding the profit made by Mia by selling cupcakes.

Amount of profit= [tex]Selling\ price - cost\ price[/tex]

тИ┤ Amount of profit= [tex]37.51 - 6.62= 30.89[/tex]

Hence, Amount of profit while selling cupcakes= 30.89

Next, finding the percentage of profit on selling cupcakes.

Profit percentage= [tex]\frac{Profit}{cost\ price} \times 100[/tex]

Profit percentage= [tex]\frac{30.89}{6.62} \times 100[/tex]

тИ┤ Profit percentage= 466.61%

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